Independence to drill gold anomalies

 

Last updated 5/31/2015 at Noon



Independence Gold Corp. May 20 reported plans to complete a C$1.8 million drill program at its Boulevard and Henderson gold projects located in the White Gold district of Yukon Territory.

The programs, consisting of roughly 2,350 meters of reverse circulation and 800 meters of core drilling, are expected to begin in mid-June.

The company plans to test the Denali and the Sunset zones at Boulevard with reverse circulation drilling.

The Denali zone is located about 14 kilometers (nine miles) west of Kaminak Gold Corp.'s Coffee deposit.

RC drilling at Denali will follow-up on trench results of 4.56 grams per metric ton gold across 10 meters and a 700-meter-long gold-in-soil anomaly.

The Sunset zone is a 2,200-meter-long gold-in-soil anomaly located seven kilometers (4.4 miles) southwest of Kaminak's Coffee deposit.

RC drilling at Sunset is designed to test geophysical and coincidental geochemical anomalies.

Trench results of up to 7.04 g/t gold across six meters and drill intercepts of up to 2.42 g/t gold across 6.26 meters have been encountered at Sunset.

The Henderson project, located some 60 kilometers (37 miles) south of Dawson City, covers a placer mining area along North Henderson Creek.

Cross-cutting fault structures are interpreted to underlie stretches of the creek where coarse placer gold has been recovered.

The planned 800 meters of core drilling is designed to test for gold mineralization within these structures.

Author Bio

Shane Lasley, Publisher

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Over his more than 16 years of covering mining and mineral exploration, Shane has become renowned for his ability to report on the sector in a way that is technically sound enough to inform industry insiders while being easy to understand by a wider audience.

 

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